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Global Arena Holding To Sell Election Services Assets to GES Acquisition for $1.42M Cash Plus Stock
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Global Arena Holding entered into an Amended and Restated Asset Purchase Agreement to sell its U.S. election services business and related assets to GES Acquisition. Consideration includes $1,420,000 in cash paid at closing by Easterly on behalf of the buyer, 1,841,761 shares of GES Acquisition common stock issued to the company, and the buyer’s assumption of certain liabilities. Previously funded amounts of $3.196 million plus $432,525 in accrued interest from Easterly…